7421 W 10Th St Indianapolis, IN 46214
For Lease
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This exceptional retail outlot, located at 7421 W 10th St in Indianapolis, Indiana, presents a unique investment opportunity. Situated on a one-acre lot in Marion County, this property offers flexible space options ideal for a variety of retail or restaurant uses. The site allows for build-to-suit development or a ground lease arrangement, catering to specific tenant requirements. Multiple tenancy is possible, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 6,900 square feet. While the listing mentions a range of 1,200 to 10,000 square feet, the actual buildable space is subject to the final design and lease agreement. The property's prime location in Indianapolis, with its convenient access and high visibility, makes it an attractive prospect for businesses seeking to establish a strong presence in a thriving market. The 46214 zip code boasts a robust consumer base and significant foot traffic. This is an excellent chance to secure a prominent location for a new retail venture or expand an existing business. Interested parties are encouraged to contact us to discuss build-to-suit options and ground lease terms. The property is ready for immediate development or lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.